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Nancy Lavin

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State seeks development partner for new transit hub on Dorrance Street

PROVIDENCE – The state is inching along the long-winding road to build a new, indoor transit hub, with plans to issue a solicitation to...

Rockland Trust names new CEO

PROVIDENCE – The Rockland Trust Co. will have a new leader at the helm next month. The Rockland, Mass.-based bank on Monday named Jeffrey J....

Citizens survey: M&A activity expected to rebound in 2023

PROVIDENCE – After faltering in the end of 2022, merger and acquisition activity is expected to rebound this year, according to a new survey...

Five Questions With: Sheryl L. McQuade

Sheryl L. McQuade was recently named TD Bank’s regional vice president for the New England metro area. She has more than 30 years of...

R.I. Infrastructure Bank closes $16M in financing for Newport water projects

PROVIDENCE – The Rhode Island Infrastructure Bank recently closed nearly $16 million in loans for Newport water projects, according to a news release. The financing...

Boston Fed, MIT mark completion of central bank digital currency research

PROVIDENCE – It’s too soon to tell whether a central bank digital currency could work. This was the conclusion of a recently completed research project...

Marcum raises $50K through holiday donation campaign for children in need

PROVIDENCE – Marcum Foundation, the charitable arm of international accounting and advisory firm Marcum LLP, recently reported raising $50,000 for its holiday donation campaign...

Providence chemical company to pay $600K penalty for environmental violations

PROVIDENCE – A national chemical distributor with two sites along the Providence riverfront will pay $600,000 in fines for allegedly violating federal chemical safety...
POWERS THAT BE: Peter Kaczmarek, president of Mearthane Products Corp. in Cranston, has decided to add rooftop solar panels to his facility in part because of concerns about increasing electricity rates in the region. 
PBN PHOTO/TRACY JENKINS

Firms fret about how big their power bills will grow

The massive milling machines and grinders used to make Hindley Manufacturing Co.’s signature wire hardware are power hungry, so it’s no surprise that President...

Providence Council postpones final approval on controversial ProvPort deals

PROVIDENCE – The new City Council postponed final decisions on tax and lease agreements with ProvPort Inc. on Thursday, opting to send the proposals...
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